4 Bed Terraced House, Single Let, Lancaster, LA2 0JW, £165,000

Main Road, Lancaster, LA2 0JW - a month ago

BTL
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£95K - £645K
Sold Prices/m²£786/m² - £4.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.3K/m²

Value Estimate

£206,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£625 - £1,400

Rent Estimate

£638

Running Costs/mo

£663

Cashflow/mo

£-25

Cashflow/yr

£-303

Gross Yield

5%

Local Sold Prices

50 sold prices from £95K to £645K, average is £340K. £786/m² to £4.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140K12/220 mi41, Main Road, Galgate, Lancaster, Lancashire LA2 0JW4
£95K08/210 mi31, Main Road, Galgate, Lancaster, Lancashire LA2 0JW4
£125K01/230 mi45, Main Road, Galgate, Lancaster, Lancashire LA2 0JW4
£225K11/210.11 mi17, Wharfedale, Galgate, Lancaster, Lancashire LA2 0RS4
£281K09/230.11 mi23, Wharfedale, Galgate, Lancaster, Lancashire LA2 0RS4
£144K06/210.2 mi80, Highland Brow, Galgate, Lancaster, Lancashire LA2 0NB4
£200K04/210.27 mi7, Carrwood Gardens, Galgate, Lancaster, Lancashire LA2 0PB4
£269.9K03/210.29 mi12, Ash Avenue, Galgate, Lancaster, Lancashire LA2 0NP4
£225K05/230.32 mi16, Meadow Park, Galgate, Lancaster, Lancashire LA2 0NQ4
£350K04/210.38 miFern Cottage, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PW4
£625K06/210.61 miWard House, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PN4
£645K08/230.61 miThe Orchard, Chapel Lane, Ellel, Lancaster, Lancashire LA2 0PN4
£415K12/201.45 miBrookfield, Whams Lane, Bay Horse, Lancaster, Lancashire LA2 9AB4
£478K06/211.68 miCherry Trees, Bailrigg Lane, Bailrigg, Lancaster, Lancashire LA1 4XP4
£640K04/231.68 miWillow House, Bailrigg Lane, Bailrigg, Lancaster, Lancashire LA1 4XP4
£450K12/201.92 mi3, Beechwood Gardens, Lancaster, Lancashire LA1 4PH4
£395K07/212.01 mi12, Elmwood Gardens, Lancaster, Lancashire LA1 4PG4
£410K04/212.02 mi5, Oakwood Gardens, Lancaster, Lancashire LA1 4PF4
£465K08/222.02 mi8, Oakwood Gardens, Lancaster, Lancashire LA1 4PF4
£410K06/212.03 mi7, Maplewood Gardens, Lancaster, Lancashire LA1 4PE4
£243K03/212.07 mi41, Shireshead Crescent, Lancaster, Lancashire LA1 4LD4
£337.5K03/212.08 mi20, Winmarleigh Road, Lancaster, Lancashire LA1 4LG4
£315K02/232.09 mi32, Dunkenshaw Crescent, Lancaster, Lancashire LA1 4LQ4
£360K04/212.1 mi5, The Hawthorns, Lancaster, Lancashire LA1 4PJ4
£350K12/202.12 mi14, Barnacre Close, Lancaster, Lancashire LA1 4JZ4
£365K08/212.12 mi19, Barnacre Close, Lancaster, Lancashire LA1 4JZ4
£342.5K07/222.2 mi20, Knowe Hill Crescent, Lancaster, Lancashire LA1 4JY4
£282.5K02/212.21 mi2, Knowe Hill Crescent, Lancaster, Lancashire LA1 4JY4
£430K10/222.21 mi6, Bay Horse Drive, Lancaster, Lancashire LA1 4LA4
£170K02/212.24 mi48, Appletree Drive, Lancaster, Lancashire LA1 4QY4
£182K04/232.44 mi47, Ingleton Drive, Lancaster, Lancashire LA1 4QZ4
£475K10/222.48 mi2c, Yealand Drive, Lancaster, Lancashire LA1 4EW4
£165K03/212.56 mi17, Shaftesbury Place, Lancaster, Lancashire LA1 4PZ4
£581.3K06/232.56 mi20, Hall Park, Lancaster, Lancashire LA1 4SH4
£402K03/232.56 mi37, Hall Park, Lancaster, Lancashire LA1 4SH4
£347.5K06/232.56 mi7, Kempton Road, Lancaster, Lancashire LA1 4LU4
£275K03/212.61 mi117, Scotforth Road, Lancaster, Lancashire LA1 4JN4
£375K06/232.62 mi80, Barton Road, Lancaster, Lancashire LA1 4EL4
£360K12/202.62 mi7, Ascot Close, Lancaster, Lancashire LA1 4LT4
£240K02/212.63 mi7, School Lane, Forton, Preston, Lancashire PR3 0AS4
£635K07/232.64 mi12, Lindbergh Avenue, Lancaster, Lancashire LA1 5FR4
£580.1K11/222.64 mi21, Lindbergh Avenue, Lancaster, Lancashire LA1 5FR4
£252K05/212.68 mi79, Scotforth Road, Lancaster, Lancashire LA1 4SD4
£268K12/212.72 mi35, Chatsworth Road, Lancaster, Lancashire LA1 4SL4
£285K06/212.72 mi81, Chequers Avenue, Lancaster, Lancashire LA1 4HZ4
£385K02/232.72 mi11, Spruce Avenue, Lancaster, Lancashire LA1 5LB4
£268.5K11/202.72 mi40, Spruce Avenue, Lancaster, Lancashire LA1 5LB4
£250K10/232.76 mi34, Newlands Road, Lancaster, Lancashire LA1 4JF4
£325K09/212.76 mi7, Crookhey Gardens, Cockerham, Lancaster, Lancashire LA2 0GZ4
£285K02/212.79 mi2, Barton Road, Lancaster, Lancashire LA1 4ER4

Local Rents

23 rents from £625/mo to £1.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£89504/240.02 miChapel St, Galgate, LA23
£1,00004/240.05 mi-4
£1,00002/250.1 mi-4
£89504/240.12 miMain Road, Galgate2
£89504/240.12 miMain Road, Galgate2
£1,15004/240.14 miLaund Gardens, Galgate, LA23
£1,40004/240.19 miWeavers Court, Galagte3
£82504/240.21 miHighland Brow, Galgate, Lancaster2
£75004/240.22 miChapel Lane, Lancaster, Lancashire, LA21
£67504/240.22 miChapel Lane, Lancaster, Lancashire, LA21
£67512/240.22 miChapel Lane, Lancaster, Lancashire, LA21
£1,25012/241.04 miBay Horse, Lancaster, Lancashire, LA21
£89504/241.24 miHazelrigg Lane, Ellel, Lancaster2
£89504/241.24 miHazelrigg Lane, Ellel, Lancaster2
£1,25012/241.61 miThe Presbytery, Thurnham, LA25
£1,07503/251.68 mi-2
£1,10005/242.24 miHeversham Close, Lancaster2
£1,02505/242.34 miAshford Close, Lancaster3
£1,00001/252.37 mi-2
£62504/242.4 miCorless Cottages, Dolphinholme, LA22
£97504/242.43 mi-3
£87505/242.46 miPiccadilly Close, Scotforth, Lancaster2
£95005/242.48 mi-3

Local Area Statistics

Population in LA2

21,979

Population in Lancaster

74,075

Town centre distance

3.27 miles away

Nearest school

0.10 miles away

Nearest train station

3.93 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £165,000

March 14, 2025

Floor Plans

Description

  • **NO CHAIN ** +
  • Four Bedrooms +
  • First Time Buyer / Investor opportunity +
  • Close to Amenties & Transport Links +

Stylish & Refurbished 4-Bedroom Home in Galgate - Ideal for First-Time Buyers & Investors!

Turn-Key Condition | No Chain | Prime Location

This beautifully refurbished four-bedroom mid-terraced house in Galgate offers the perfect opportunity for first-time buyers or property investors. Set over three floors and finished to a high standard, this home is ready for immediate occupation - no work required!

Located just minutes from Junction 33 of the M6 motorway and less than two miles from Lancaster University, this property is perfectly positioned for convenience. With easy access to local amenities, transport links, and educational institutions, it's an excellent choice for both families and landlords seeking a strong rental yield.

Key Features:

- Fully Refurbished Throughout - Freshly redecorated with new carpeting, a brand-new fitted kitchen, and a modern bathroom suite.

- Move-In Ready - No chain, making the buying process smooth and hassle-free.

- Three Floors of Spacious Living - Ideal for families or multiple tenants.

- Safety First - Each room is fitted with fire doors for added peace of mind.

- Convenient Utility Space - A dedicated cupboard in the bathroom with plumbing for a washing machine and tumble dryer.

- Excellent Transport Links - Quick access to the M6 and a short commute to Lancaster University.

Whether you're looking for a stylish first home or a fantastic addition to your rental portfolio, this property ticks all the boxes. Don't miss out on this fantastic opportunity - book your viewing today!

Tenure: Freehold

Agent Details

LOVE HOMES, Garstang

01995 910357

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪